| Web spectaculars may soon be all the rage Victoria's Super Bowl success
by Dan Miller
But the real fashion show may be just starting: Expect more
one-time web spectaculars as more advertisers
learn to use the reach of old media to promote the new.
Broadcast.com, the Yahoo!-owned provider of audio and video
Internet content that hosted the Victoria's Secret show,
hopes to emerge as a leader in the splashy web event.
And yet this was not what Monday morning quarterbacks
would have been thinking on Feb. 4, the day after the show. Everyone harped on what went wrong with the show,
on the estimated 1 million viewers who couldn't get onto the
VS web site to watch it and on the delayed downloads and
jerky, hazy images of teddy-clad supermodels who greeted
those who did.
The technological snafus, however, were washed away by the
marketing results. "In one form or another, we estimate
about 1 billion people were exposed to the Victoria's Secret
brand through this event, including all the attendant
publicity," says Anne Marie Blaire, senior manager of the
Victoria Secret's Web site (www.VictoriasSecret.com).
"We were very pleased to get that kind of exposure."
The bottom-line value of that kind exposure, combined
with additional sales that were generated by the
event, lead observers to figure that Victoria's Secret has
more than recouped the $4 million it spent to promote and
produce it, though the company will not divulge exact figures.
According to Sherry Manno, director of corporate
communications at Broadcast.com, despite the difficulties 1.5 million people logged on for
the event. As far as anyone knows--these things are not
tracked scientifically—it was the largest commercially
promoted one-time online event to date.
And those 1.5 million visitors weren't the end of it.
Broadcast.com says another 4 million visitors have watched
the archived webcast since the fashion show.
Which means the supposed disaster has so far brought 5.5
million customers a mouse-click away from
the Victoria's Secret online catalog.
Beyond pure sales, the event was a marketing bonanza for the
lingerie company, launching its Web site with a very big
splash. Says Manno: "Who wouldn't want 2.5 million people at
your store, even if 1 million of them didn't get in?"
The site came away with another
valuable commodity. For weeks before the event, anyone
visiting Broadcast.com saw a teaser promotion for the
upcoming Victoria's Secret spectacular. People interested in
receiving news about the event or an electronic copy of the
VS catalog was asked to leave their e-mail addresses. By
the day of the event Broadcast.com had collected some
70,000 names.
And the names keep trickling in; the web
broadcaster estimates it now has close to half a million, each with a market value of roughly $2.20.
Collecting names is an integral part of
Broadcast.com's business model, says senior account
executive Tim Sanders. "With this information-capture model,
we're going to give you a different reason for doing an
event. If you put out content people like, they'll reward
you with information you can really use."
Victoria's Secret agrees. "We'll do it again next
year, again with the goal of reaching the biggest audience
possible," says Blaire.
"There's going to be a lot more of this at various scales," says Sanders.
"Some will have 15,000 viewers, some a million." He
anticipates interest in content-oriented events. An online
record store, for example, might broadcast a Celine Dion
concert, then sell the CDs. "I've got about six deals baking
right now. Expect to see a lot of bigger
events happening in the summer/fall time-frame."
But analysts are less wowed. "I don't expect to
see that many other events of this magnitude," says Mark
Johnson, senior analyst with Jupiter Communications. "In
terms of marketing, how many other retailers are going to
drive that kind of audience? Not many."
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